Tržište derivata u Srbiji – stanje i perspektive daljeg razvoja
Derivatives Market In Serbia – Current Developments And Perspectives

Summary/Abstract: In this paper, we review evolution of derivatives trade in Serbian financial market, and its prospects. The first part is partly based on authors' analytical observation of actual stance of matters in domestic economy, and partly on questionnarie–based survey, done recently in the banking industry. It is found that a major part of the banking industry makes efforts to respond to the increasing need for derivatives. Some banks already offer risk management products, notable currency forward and swaps. The second part of the paper is more like a forecast of future development, made upon the observed facts. We try to back up our view with economic rationale, as possible. Answers on crucial dilemmas are given, as to the sequence of introducing types of contract, institutional trade arrangement, and the role risk factors play. We discuss constrains and deliver an agenda for some key players.

• Details
• Contents